Global Central Nervous System Drugs Market | Characteristics, Forecast Size, Trends
Posted: Mar 18, 2019
The central nervous system drugs market size is expected to reach $85 billion by 2022, significantly growing at a CAGR of around 5% during the forecast period.
Global Central Nervous System Drugs Market Report 2019 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the Global Central Nervous System Drugs market.
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Where is the largest and fastest growing market for Global Central Nervous System Drugs market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Global Central Nervous System Drugs market report from The Business Research Company answers all these questions and many more.
The report covers the Global Central Nervous System Drugs market characteristics, Global Central Nervous System Drugs market size and growth, Global Central Nervous System Drugs market segmentation, regional and country breakdowns, Global Central Nervous System Drugs market competitive landscape, Global Central Nervous System Drugs market shares, and trends and strategies for the industry. It traces the market’s historic and forecast Global Central Nervous System Drugs market growth by geography. It places the market within the context of the wider Global Central Nervous System Drugs market, and compares it with other markets.
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Major players in the Global Central Nervous System Drugs market included in the report are Biogen Inc, F. Hoffmann-La Roche Ltd, Johnson & Johnson, Pfizer Inc, Novartis AG
Pharmaceutical companies are partnering with technology companies and incorporating wearables in clinical studies and for research and development of CNS disease treatments. These wearable devices make use of sensors to detect early symptoms of Parkinson’s disease such as tremors, slowness and stiffness in patients. Researchers use this data to gain insights about the disease and potential drug reactions, and thus reduce the time for trials by 30% to 50%. For instance, in 2017, Michael J. Fox Foundation for Parkinson’s Research collaborated with specialty drug maker Cynapsus Therapeutics and Intel to integrate wearable technology in a Phase-III clinical trial of APL-130277, an experimental drug for Parkinson’s disease. Biogen, a leading CNS drug maker is using Fitbit, a smart wearable tracker, to better understand multiple sclerosis in patient studies, and the technology is expected to extend in Alzheimer’s disease research.
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